United Statesaud

• Jabil’s Q3 fiscal 2026 revenue reached $8.8 billion, with management signaling strong future demand for AI-native infrastructure and cooling systems.
• The company reported U.S. GAAP operating income of $445 million and core diluted earnings per share of $3.16, as it pivots toward high-speed AI interconnects.
• The broader sector faces a structural shift as contract manufacturers race to expand domestic capacity for power-intensive, liquid-cooled data center hardware.

• Gina Rinehart's Hancock Prospecting has acquired a $1.31 billion stake in SpaceX following its initial public offering.
• SpaceX completed its first official day of public trading with a total market valuation of US$2.1 trillion.
• The deal links Australian natural resource exporters directly to the infrastructure requirements of orbital data networks.

While the anti-immigration One Nation party is gaining traction in opinion polls, Australian Prime Minister Anthony Albanese has resisted calls for deeper cuts to migrant intake. That's as Australia faces its own demographic pressures with the fertility rate at a record low. Roger Wilkins of the Melbourne Institute discusses the broader challenges and implications for Australia's future on 'Bloomberg: The Asia Trade.'

Australia is set to crack down on tax concessions for property investors, as it looks to ease generational inequality and rein in the budget deficit. Treasurer Jim Chalmers is due to unveil the federal budget Tuesday, anchored by a flagship housing package. Bloomberg's Paul Allen reports on Australia's property obsession and speaks to ANU's Jill Sheppard about what's at stake.

Battery materials provider NOVONIX Limited (NASDAQ: NVX, ASX:NVX) has officially completed the sale of its Battery Technology Solutions (BTS) division.

ResMed Inc. (NYSE: RMD, ASX: RMD) has released its financial results for the third quarter of fiscal year 2026, reporting an 11 per cent increase in revenue to $1.4 billion.

Apple shares advanced more than 4% in extended trading to USD 281.31 after the technology giant delivered a fiscal second-quarter performance that significantly surpassed market expectations.

Brent crude soared past US$122 a barrel on April 30, 2026, in what traders are calling a “wartime high.”

South32 Limited (ASX:S32) has revealed a substantial capital expenditure increase for its flagship Hermosa project in Arizona, lifting the expected growth capital for the Taylor deposit to about US$3.3 billion (approximately A$4.6 billion), up from US$2.16 billion at final investment approval.